As per Finance Bill 2023, eligible start-ups will be able to set off and carry…
PYQ SSC JE (Junior Engineer) 2023
As per Finance Bill 2023, eligible start-ups will be able to set off and carry forward losses incurred during their first ten years of incorporation, even if there has been a change in shareholding, if all shareholders continued during the relevant period. The previous time limit of seven years has been increased to __________.
- A.
12 years
- B.
13 years
- C.
15 years
- D.
10 years
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